A Mad Dash for City Hall in the Windy City

Chicago is a fiscal wreck, and none of the 13 candidates for mayor have a serious plan to fix it.

Visitors to Chicago’s gleaming downtown might never know that the Windy City faces a fiscal crisis driven by unfunded pension liabilities as well as major challenges with crime and corruption. But local voters should know the full story as they head to the polls Tuesday to pick a new mayor.

Thirteen candidates—mostly Democrats—are vying to replace Mayor Rahm Emanuel, whose eight years in office have been dogged by controversies including a major teachers strike and allegations of police brutality. His unexpected decision not...